$PUMPBTC reacted well after taking liquidity.
The 1h/4h context still favors sellers, and open interest is expanding with the move.
I would rather see price reject around $0.01254–$0.01263 than short after the move is already stretched. The setup is invalid if price cleanly crosses $0.01303.
Would you take the retest on $PUMPBTC, or wait for one more confirmation?
#PUMPBTC #Trading
Trade plan: SHORT
Entry: $0.01254 - $0.01263
SL: $0.01303
TP1: $0.01199
TP2: $0.01163
TP3: $0.01157
The 1h/4h context still favors sellers, and open interest is expanding with the move.
I would rather see price reject around $0.01254–$0.01263 than short after the move is already stretched. The setup is invalid if price cleanly crosses $0.01303.
Would you take the retest on $PUMPBTC, or wait for one more confirmation?
#PUMPBTC #Trading
Trade plan: SHORT
Entry: $0.01254 - $0.01263
SL: $0.01303
TP1: $0.01199
TP2: $0.01163
TP3: $0.01157
